This Warranty Deed from two Individuals to LLC form is a Warranty Deed where the Grantors are two individuals and the Grantee is a limited liability company. Grantors convey and warrant the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.
A Grand Rapids Michigan Warranty Deed from two Individuals to LLC is a legal document that transfers ownership of real property from two individuals to a limited liability company (LLC) located in Grand Rapids, Michigan. This type of deed provides a guarantee to the LLC that the property being transferred is free from any liens, claims, or other encumbrances. The warranty deed includes important information such as the names and addresses of the individuals (granters) who are selling the property, the name and address of the LLC (grantee) that will be taking ownership, a legal description of the property being transferred, and the purchase price or consideration for the transfer. This deed also guarantees that the granters have legal authority to sell the property, and they possess the right to convey it to the LLC. It further ensures that the property is free and clear of any hidden defects, title issues, or undisclosed claims. The granters also make certain promises to defend the title of the property against any third-party claims that may arise in the future. There are two main types of Grand Rapids Michigan Warranty Deed from two Individuals to LLC: 1. General Warranty Deed: This type of deed provides the broadest and strongest form of protection for the grantee. It guarantees that the granters will defend the title against all claims, including those that may have arisen before the granters acquired the property. 2. Special Warranty Deed: This type of deed provides a more limited form of protection. It guarantees that the granters will defend the title against claims that may have arisen only during their period of ownership. It does not cover any claims or defects that existed prior to their ownership. In both cases, the warranty deed is recorded in the county where the property is located, providing public notice of the transfer and establishing the LLC as the new legal owner. Overall, the Grand Rapids Michigan Warranty Deed from two Individuals to LLC is a crucial legal document that ensures a smooth and legally valid transfer of property ownership, giving the LLC peace of mind regarding the property's title and protection against any future claims.A Grand Rapids Michigan Warranty Deed from two Individuals to LLC is a legal document that transfers ownership of real property from two individuals to a limited liability company (LLC) located in Grand Rapids, Michigan. This type of deed provides a guarantee to the LLC that the property being transferred is free from any liens, claims, or other encumbrances. The warranty deed includes important information such as the names and addresses of the individuals (granters) who are selling the property, the name and address of the LLC (grantee) that will be taking ownership, a legal description of the property being transferred, and the purchase price or consideration for the transfer. This deed also guarantees that the granters have legal authority to sell the property, and they possess the right to convey it to the LLC. It further ensures that the property is free and clear of any hidden defects, title issues, or undisclosed claims. The granters also make certain promises to defend the title of the property against any third-party claims that may arise in the future. There are two main types of Grand Rapids Michigan Warranty Deed from two Individuals to LLC: 1. General Warranty Deed: This type of deed provides the broadest and strongest form of protection for the grantee. It guarantees that the granters will defend the title against all claims, including those that may have arisen before the granters acquired the property. 2. Special Warranty Deed: This type of deed provides a more limited form of protection. It guarantees that the granters will defend the title against claims that may have arisen only during their period of ownership. It does not cover any claims or defects that existed prior to their ownership. In both cases, the warranty deed is recorded in the county where the property is located, providing public notice of the transfer and establishing the LLC as the new legal owner. Overall, the Grand Rapids Michigan Warranty Deed from two Individuals to LLC is a crucial legal document that ensures a smooth and legally valid transfer of property ownership, giving the LLC peace of mind regarding the property's title and protection against any future claims.